A government mandated minimum wage is just plain ignorant, in my opinion. For example, many minimum wage jobs are in the service industry; bartenders, servers, bell hops, valet attendants, etc. All of these jobs are gratuity driven and no one, including the employer, not even IRS, has a firm grip on how much these workers actually make, since a substantial portion of their gratuities are paid in cash, which is one of the reasons to put in place a National Sales Tax to REPLACE the Income Tax. A consumption tax is the only way the underground economy will ever pay taxes; but that’s another subject, entirely.
A state, or federally, imposed minimum wage, in my opinion, is both dumb and intrusive. It’s dumb because it’s totally ineffective, achieving none of it’s intended goals. When a minimum wage is increased, everything that worker needs to buy goes up in price, leaving the wage earner with pretty much the same amount of disposable income he, or she, had before. It’s a circular formula and accomplishes nothing, other than to let a feel-good lib pat himself on the back.
It’s intrusive because it’s nobody’s business, other than the business of the employee and the employer, as to the hourly wage being paid. It should simply be an agreement between the two parties. It would be like letting a nosy neighbor decide how much I have to pay my lawn man.
Loonie Bernie and The Wicked Witch of Chappaqua have both been trumpeting a $15 per hour minimum wage, and they are, of course, getting tons of support from the ¹YDU voters. Just sayin’…..
¹Young, Dumb and Unemployed